Category Archives: News

South Africa is tightening its grip on imports from China in a move that could reshape competition across key industries and raise the bar for goods entering the country. Beginning in September 2026, importers of selected products from China will be required to obtain Certificates of Conformity proving compliance with South African standards before theirContinue reading “South Africa moves to block substandard Chinese imports as new rules target cheap goods”

BHP Group is set to record a $2.3 billion writedown on its Jansen potash project in Saskatchewan, Canada, as total costs for the Stage 2 expansion have escalated significantly. The estimated investment for Stage 2 has increased to $6.9 billion, up from the initial $4.9 billion forecast when the expansion was approved in 2023. ThisContinue reading “BHP’s Jansen Potash Project Faces Significant Cost Overruns and $2.3 Billion Impairment”

ExxonMobil has signed a preliminary agreement to supply liquefied natural gas (LNG) to South Africa’s planned Zululand Energy Terminal, marking a significant step in the country’s efforts to diversify its energy mix and reduce reliance on coal-fired electricity generation. The agreement will support the development of the Zululand Energy Terminal (ZET), which is expected toContinue reading “ExxonMobil to supply LNG to South Africa’s first import terminal at Richard’s Bay”

History is being made in the heavy machinery world! JCB’s revolutionary hydrogen combustion engine just got official approval for sale and use across Europe. After rigorous testing, eleven major licensing authorities—including Great Britain, Germany, France, and the Netherlands—have granted certification, paving the way for a massive commercial rollout. This isn’t just a minor update; it’sContinue reading “JCB’s hydrogen engine has been officially approved for sale and use”

Fitch has upgraded South Africa’s credit rating for the first time in almost 21 years, lauding its “prudent” management of government finances and progress in reining in state debt. Fitch hiked South Africa’s Long-Term Issuer Default Ratings to “BB” from “BB-”, with a stable outlook. Treasury noted in a statement that South Africa is nowContinue reading “Fitch has upgraded SA for the first time in 21 years”

Repost of article by Ty Roush Forbes/ 11-06-2026 Topline SpaceX on Thursday officially set its IPO price at $135, as retail traders have reportedly submitted orders for more than $100 billion in SpaceX shares, likely shattering investor demand records in the highly anticipated trading debut for Elon Musk’s firm. Timeline everything elizabeth warren said inContinue reading “SpaceX Cements Final IPO Price At $135 As Retail Investor Orders Top $100 Billion”

Repost of article Business Insider Africa / 19-05-2024 South Africa’s $5.8 billion Hive Hydrogen project has moved closer to production after selecting a $1 billion green ammonia and electrolyser solution. The developers say the Nelson Mandela Bay facility could produce some of the world’s cheapest green ammonia as global demand for cleaner shipping fuels rises.Continue reading “South Africa’s $5.8 billion gamble could reshape global shipping and energy markets”

The 2026 FIFA World Cup, set for June 11 to July 19 across 16 cities in the United States (11), Mexico (3), and Canada (2), marks the first 48-team tournament co-hosted by three nations. With the event just over two months away as of April 2026, preparations show strong progress in stadium upgrades and infrastructureContinue reading “FIFA’s Readiness for the 2026 World Cup in Co-Host Nations”

Fresh reports warn of catastrophic global trade disruptions if Iran and its proxies seal off two key chokepoints: the Strait of Hormuz and Bab el-Mandeb Strait. This claim demands scrutiny amid escalating US-Iran tensions in March 2026. Shipping discord The claims assert Iran has already closed the Strait of Hormuz and is poised to blockContinue reading “Iran’s Oil Route Gambit: Fact-Checking Closure Claims and Shipping Chaos”

The Supreme Court, in a 6-3 decision, ruled that President Trump exceeded his authority by imposing tariffs under the International Emergency Economic Powers Act (IEEPA). Chief Justice John Roberts wrote the majority opinion, stating that the tariffs operated directly on domestic importers to raise revenue and were not simply a milder measure . The courtContinue reading “Supreme Court Invalidates IEEPA Tariffs, Trump Imposes New Global Duties”